CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Dollar - Turkish Lira Analysis

US Session Analysis for CFD Instruments 09/08/2022

Fundamental analysis

09 August, 2022

USD/TRY edged upwards to 17.9635 during lunchtime trade. The Turkish lira was broadly stable on Tuesday after Turkey's industrial production was seen expanding 6.7% annually in June, continuing a strong two-year run despite rampant inflation and an ailing currency, a Reuters poll showed on Friday.

Technical analysis

Dollar - Turkish Lira Analysis Technical analysis 09/08/2022
Time Frame: 1 hour

USDTRY Support & Resistance Table - 09/08/2022

Support & Resistance Level Explanation
Resistance 2 17.93965 Daily R2
Resistance 1 17.91109 Daily R1
Support 1 17.83491 Daily S1
Support 2 17.80635 Daily S2

USDTRY Indicator Table - 09/08/2022

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Buy
Stochastic ( 9;6;3) Buy

USDTRY Indicator / Period Table - 09/08/2022

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

USDTRY 09/08/2022 - Reference Price : 17.87300

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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US Dollar - Turkish Lira Chart
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